Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures.
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The stock market rally came under pressure last week, with the Nasdaq leading a sell-off as Treasury yields jumped to 2023. The major indexes tried to rebound Friday as yields fell back, but stocks reversed lower.
The market rally could be at an inflection point, for good or ill. With the uptrend “under pressure,” investors should be cautious about new buys. But it is an excellent time to be looking for promising stocks.
Nvidia (NVDA) is bouncing from a near-test of its 10-week line. Tesla (TSLA) is holding its 50-day and 10-week lines, with multiple possible entries. Broadcom (AVGO) is trading tightly. Toll Brothers (TOL) is rebounding from its 10-week line while Delta Air Lines (DAL) is trying to do so.
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